Sysco Q2: Adjusted EPS up 40% to $0.80; GAAP EPS down due to $315M pension charge

SYSCO CORP

2023-Q2 EPS reported $1.19 revenue$37,720,783,000

Sales increased 13.9% to $3.3B; U.S. Foodservice volume up 5.2%.
Adjusted operating income rose to $682.1M (+44%); adjusted EBITDA up 23.9% to $831.3M.
GAAP EPS fell to $0.28 from $0.33, reflecting a non-cash pension liability transfer charge of $315.4M.
Net Debt to adjusted EBITDA ratio of 3.0x; returned over $249M to shareholders.
CEO cites double-digit growth, market share gains, and Recipe For Growth strategy progress.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SYSCO CORP reported second quarter of fiscal year 2023, which ended on December 31, 2022 results: EPS $0.28.

Period: second quarter of fiscal year 2023, which ended on December 31, 2022
EPS: $0.28
Result: reported results

Exact text from the filing

On January 31, 2023, Sysco Corporation (“Sysco”) issued a press release announcing its results of operations and financial condition for its second quarter of fiscal year 2023, which ended on December 31, 2022.

View on SEC.gov

13 earnings releases filed in the last 30 days. Browse all earnings releases →

SYSCO CORP filing history →

Source: SEC EDGAR

accession 0000096021-23-000031

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.